The rate for undergraduate loans is up from 5.5 percent this past school year and higher than it has been in more than a decade.
Category: Tax Credits, Deductions and Exemptions
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Renting or Buying Is Often Personal, but It’s Also Helpful to Look at the Numbers
The Upshot’s financial calculator has been updated with new features.
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FSA vs. HSA: What to Know About the Accounts to Pay Medical Costs
Flexible spending accounts and health savings accounts both have tax benefits, but both may also have drawbacks, two reports found.
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Trump May Owe $100 Million From Double-Dip Tax Breaks, Audit Shows
A previously unknown focus of an I.R.S. audit is a dubious accounting maneuver that effectively meant taking the same write-offs twice on a Chicago skyscraper.
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Biden Looks to Raise Taxes on Wealthy and Corporations to Shave Deficit
Lael Brainard, the director of the National Economic Council, said lawmakers should raise taxes on companies and the wealthiest while extending the 2017 cuts for those making less than $400,000.
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You Finished I.V.F. Can You Donate Embryos and Get a Tax Deduction?
Some people may consider donating embryos to researchers in light of Alabama’s I.V.F. ruling and in advance of other state actions. Would it be considered a charitable gift?
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Thousands Are Eligible for Tax Refunds From 2020
The I.R.S. estimates that 940,000 people who didn’t file their returns for that year are due back money. The deadline for filing to get it is May 17.
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U.S. Scrutiny of Chinese Company Could Disrupt U.S. Supply Chain for Key Drugs
Lawmakers raising national security concerns and seeking to disconnect a major Chinese firm from U.S. pharmaceutical interests have rattled the biotech industry. The firm is deeply involved in development and manufacturing of crucial therapies for cancer, cystic fibrosis, H.I.V. and other illnesses.
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A Georgia Town Basks in Bountiful Filming. The State Pays.
When movies are made in Thomasville, Ga., it welcomes celebrities and an infusion of cash. But the financial incentives that attract studios have cost the state billions.
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Biden, Promising Corporate Tax Increases, Has Cut Taxes Overall
President Biden has called for $5 trillion in new taxes on corporations and high earners. But his record so far is as a net tax cutter.
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I.R.S. Stepping Up Efforts to Squash Fraud in Tax Credit Program
The Employee Retention Tax Credit continues to be ripe for abuse as Congress mulls shutting the program down.